THE national leadership of the Nigeria Labour Congress, NLC, said yesterday that the labour movement was in support of some state chapters of the union embarking on strike over backlog of unpaid salaries by some of the outgoing governors. The post Unpaid salaries: NLC backs strike in states appeared first
This week, on Friday May 29, General Muhammadu Buhari will be sworn in as president of Nigeria. He is the sixth democratically elected leader of Nigeria since Tafawa Balewa became prime minister in 1960, the second former military head of state to become a civilian president, the first challenger to
Contrary to widely belief that the Central Bank of Nigeria’s (CBN) decision to harmonise the CRR of both public and private sector deposits was tactical monetary easing, a further careful analysis of the impact of the policy will result in a net aggregate debit, or monetary tightening, which would weaken
The Ekiti State Governor, Ayodele Fayose, on Sunday lifted the dusk-to-dawn curfew imposed on Ado Ekiti metropolitan environment since Thursday, with immediate effect. The governor has also declared N2m reward for anyone with useful information on how to arrest the kidnappers of 11 victims freed in the early hours of
One of Bayelsa State’s most respected elder statesmen is Engineer Charles Dorgu. The former Executive Secretary of the Federal Capital Development Authority was the pioneer State Chairman of the Peoples Democratic Party and can thus effectively claim to be the one who initiated the successful participation of the state at
Underwriting firm, Prestige Assurance plc, is redefining its operational strategies that would not only enable it deepen presence in the domestic market, but control a larger share of the nation’s insurance businesses. The company, which draws its origin from the New India Assurance Company Limited, a global brand in risk
Much has been said about making compliance with corporate governance compulsory. The various Codes of Corporate Governance oscillate between compulsory adherence, “comply or explain” and more or less voluntary compliance. In truth, many companies take the trouble to comply for varying reasons.
The Bank of Industry (BoI), Nigeria’s most active development finance institution, will make N310 billion available for micro, small and medium enterprises (MSME) between 2015 and 2019. Waheed Olagunju, executive director, SMEs, disclosed this during an interactive session between business editors, industry journalists and the management of the bank.
Financial plans are plans made towards achieving a specific financial goal or goals. This requires regular updating or review to ensure that it is working as planed or needs an adjustment for effective realisation.
The Marina Express Train Service Ltd, METSL, is to collaborate with The Infrastructure Bank, TIB, to construct the proposed Lagos Metro Rail Transit, LMRT, Red Line project. Sen. Idris Umar, Minister of Transport, said this, last Friday, in Abuja at the ceding and handing over of the Right of Way,
A 55-year-old transporter, identified as Alhaji Ramon Adeleke, who was recently arrested by operatives of Special Anti-Robbery Squad, SARS, has said he went into robbery to save the life of his friend who has kidney failure. The post I stole to help my friend treat kidney failure—suspect appeared first on
The peaceful atmosphere of Apete in Ido Local Government Area of Oyo State was disturbed yesterday as some members of Oodua Peoples Congress, OPC, Vigilance Group and some cult members engaged in a bloody clash. The post One dead, others injured as OPC, cultists clash in Ibadan appeared first on
With less than one week to the change of government, notable elder statesmen have called on the Federal Government to “evolve a new security architecture that can respond promptly and effectively” in line with the new security challenges of the 21st Century. They also underscored the need of the in-coming
Ahead of the 2015 FIFA U-20 World Cup cracker between the Flying Eagles of Nigeria and their counterparts from Brazil, a former Nigerian international, Garba Lawal has advised the Coach Manu Garba tutored side to believe in themselves that they can defeat the South Americans. The post Flying Eagles need
President Goodluck Jonathan on Sunday appealed to Nigerians to pray for the incoming government of Muhammadu Buhari more than they should do for him. He said the incoming government needed more prayers now because any decision taken by its officials would have a lasting effect on the nation while he
Flying Eagles coach, Manu Garba is targeting all three points when his team face Brazil in their opening game of the FIFA Under-20 World Cup starting in New Zealand May 30. The Flying Eagles have a poor record against South American countries in the tournament, but Garba stated that this